16, BINHAM CLOSE, LUTON, LU2 7AR - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 BINHAM CLOSE is a very small detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £404,091. It was last sold for £350,000 in June 2021, which was around 14% below the average June 2021 detached price in the Luton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

16 BINHAM CLOSE Sold Prices

Land registry data shows one sale for 16 BINHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 4 JUN	£350,000	£409,238	14% below HPI

What might 16 BINHAM CLOSE be worth now?

16 BINHAM CLOSE might now be worth an estimated £404,091.

This is based on house price inflation of 15.5%, between June 2021 and April 2026, for detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 16 BINHAM CLOSE of £350,000 on 4th June 2021. For the value to have increased from £350,000 to £404,091 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 16 BINHAM CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The June 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BINHAM CLOSE has not materially changed since June 2021.

How Large is 16 BINHAM CLOSE?

16 BINHAM CLOSE is 84m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 16 BINHAM CLOSE lies on this distribution: 18% of detached houses are smaller than 16 BINHAM CLOSE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

16 BINHAM CLOSE: Plot

16 BINHAM CLOSE sits on a plot of roughly 0.067 of an acre, or 271m².

Where is 16 BINHAM CLOSE?

16 BINHAM CLOSE is located in LUTON, in the LU2 postcode district.